Ceres CEO Mindy Lubber talks about the goals for the conference as well as an overview of some of the key issues facing the Corporate Social Responisibility (CSR) field. Dorjee Sun of Carbon Conservation explains how this carbon offset project developer is creating carbon markets by protecting forests through their reduced emissions from deforestation and degradation (REDD) program. Canadian activist Maude Barlow talks about the role of corporations in the world’s water supply and reports on the climate justice summit from Cochabamba, Bolivia. And Steve Fludder of GE talks about his company’s ecomagination initiative.
CWR co-hosts Bill Baue and Francesca Rheannon speak with Gary Hirshberg, CEO of organic yogurt maker Stonyfield Farm, and author of Stirring It Up: How to Make Money and Save the World. Hirshberg believes that business is a necessary force for creating a sustainable economy and society, as outlined in his book. Yet he admits that business is a primary cause of our current unsustainable economy, a seeming contradiction that he explains in our conversation.
—Chevron Donates $2 m in Disaster Relief to Burma but New Report Charges the Company with Abetting Human Rights Abuses
—Military Contractor in Iraq Hires Translators Who Can’t Translate, Putting Iraqi and US Lives at Risk
—Climate Counts Releases 2008 Ranking of Commitment by Companies to Reversing Climate Change
Mindy Lubber, president of Ceres and director of the Investor Network on Climate Risk, provides commentary on a recent Ceres report examining how mainstream mutual funds vote on shareholder resolutions that urge companies to address climate change. A 2004 SEC rule requires mutual funds to disclose their proxy voting records each year. The report finds that mainstream mutual fund opposition to climate resolutions is thawing–but ironically, support for climate resolutions is also decreasing. Filling this gap is abstentions, which have doubled from 2004 to 2007. For the sake of disclosure, CWR co-host Bill Baue co-authored the report.
Mindy Lubber discusses the role of investors regarding the risks that climate change poses to shareholder value. Lubber’s organization, CERES, is spearheading a massive effort by investors to bring better disclosure, accountability and responsiveness by corporations.